Answers
The yield to maturity (YTM) is a measure used to estimate the rate of return an investor will earn from a bond if it is held until its maturity date.
In order to determine the YTM, we need to consider the bond's characteristics such as its coupon rate, face value, price, and time to maturity.
Let assume a case:
In this case, we have a bond with a face value of $1,000, a coupon rate of 8%, a time to maturity of 10 years, and a current market price of 95% of the face value.
To calculate the YTM, we need to use an approximation method. We can start by calculating the annual interest payment, which is the coupon rate multiplied by the face value. In this case, the annual interest payment is $80 (0.08 * $1,000).
Next, we calculate the difference between the face value and the current price. The difference is $50 ($1,000 - ($1,000 * 0.95)).
Finally, we divide the annual interest payment plus the difference by the average of the face value and the current price, and then convert it into a percentage. This calculation will give us an approximate yield to maturity for the bond.
Note that this method provides an estimate and may not account for compounding and other factors. For precise calculations, it is recommended to use financial calculators or spreadsheet functions.
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Related Questions
What is the main difference between private and government consumer advocacy employers?
a. working directly with consumers
b. who is allowed to work for them
c. funding resources
d. allowance of lobbyism
Answers
Answer:
C. funding resources
Your welcome :)
QUESTION 1 (a) The most recent financial statements for Mandy Company are shown here: Income Statement Balance Sheet RM 11,980 Debt RM 32,400 Sales Costs Taxable income Taxes (21%) Net income RM 20,300 Current assets RM 13,900 Fixed assets RM 6,400 RM 1,344 RM 5,056 Total RM 44,380 Equity Total RM 16,540 RM 27,840 RM 44,380 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 45 percent dividend pay-out ratio. What is the sustainable growth rate for this company? (10 marks) (b) A project that costs RM21,000 today will generate cash flows of RM7,300 per year for seven years. Calculate the project's payback period? (5 marks)
Answers
For this Mandy Company's, the sustainable growth rate is 16.81%. This indicates that the business can expand at a pace of up to 16.81% annually without needing to obtain more equity or debt capital.
(RM6,400 / RM7,300) = 0.8767, or around 9 months, is the repayment term, which is 2 years. This indicates that it will take fewer than three years to recoup the project's initial investment in Mandy Company's.
Sustainable Growth Rate is calculated using the formula ROE x Retention Ratio (RM5,056 / RM16,540 = 0.3057 or 30.57%).
Dividend payout ratio divided by one is one-half (0.55), or 55%, which is the retention ratio.
As a result, Mandy Company's sustainable growth rate is 0.3057 0.55 = 0.1681 or 16.81%.
RM7,300 in Year 1, RM14,600 in Year 2, RM21,900 in Year 3, RM29,200 in Year 4, RM36,500 in Year 5, RM43,800 in Year 6, and RM51,100 in Year 7.
The third year's cash inflow is RM7,300, and RM21,000 - RM21,900 + RM7,300 = RM6,400 must still be paid to reach the initial cost. This means that the repayment time is 2 years, or around 9 months, and that (RM6,400 / RM7,300) = 0.8767.
As a result, the significance of the Mandy Company's period are the aforementioned.
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1. Determine the estimated cost of the inventory of Celebrity Tan Co. on August 31 by the retail method, presenting details of the computations. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
to retail price:
2a. Estimate the cost of the inventory of Ranchworks Co. on November 30 by the gross profit method, presenting details of the computations. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
3. Assume that Ranchworks Co. took a physical inventory on November 30 and discovered that $369,750 of inventory was on hand. What was the estimated loss of inventory due to theft or damage during March through November?
Answers
1)We require the following details in order to calculate Celebrity Tan Co.'s expected cost of inventory on August 31 using the retail method:Beginning retail inventory is the value of the stock as of August 1.Retail net sales: total sales throughout the time.The proportion relating inventory costs to selling prices is known as the cost-to-retail ratio.
2) Using the gross profit approach, we require the following details to calculate Ranchworks Co.'s inventory cost on November 30:Start of inventory: Inventory's worth as of November 1st.Total period sales, or net sales. Gross profit ratio: The proportion of gross profit to net sales.
3)The following information is required in order to estimate the loss of inventory from theft or damage from March through November: the value of stock as of March 1 is the starting inventory. Inventory acquired throughout the time, totaled as purchases.Cost of goods sold: The cost of the inventory that was sold during the time period. Inventory value as of November 30th, referred to as the ending inventory.
The items and supplies that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory (in American English) or stock.
The main focus of the discipline of inventory management is determining the location and form of stored products.
stock Prior to the regular and scheduled course of production and material stock
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The kitchen station that is responsible for decorative sugar is
called the
A. pastry.
B. grill station.
C. sauté station.
D. garde-manger.
Answers
The kitchen station that is responsible for decorative sugar is usually called the pastry station or the pastry department. Therefore, the correct answer is Option A.
What is Pastry Station?The pastry station is responsible for preparing a wide range of baked goods, desserts, and pastries, which may include items such as cakes, cookies, bread, and of course, decorative sugar work. This station is often equipped with specialized tools and equipment, such as mixers, ovens, pastry bags, molds, and decorating tools, to assist in the preparation and presentation of the various pastries.
The pastry chef or baker in charge of the pastry station is responsible for creating and presenting high-quality desserts and pastries that meet the restaurant or bakery's standards and customer expectations. The other stations mentioned, including the grill station, sauté station, and garde-manger, typically have different responsibilities related to preparing and cooking food in a restaurant or commercial kitchen.
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The table below shows Lanark's production possibilities.
A B C D E F
Wheat 0 180 315 405 450 468
Cars 190 181 163 127 73 0
a. If Lanark is producing 145 cars, it can produce approximately
wheat.
b. If Lanark is currently producing combination C, the cost of 90 more wheat is
(Click to select)
.
c. If Lanark is currently producing combination D, the approximate per unit cost of an additional car is
(Click to select)
. If necessary, round your answers to 1 decimal place. Remember to round 0.05 up to 0.10.
Answers
If Lanark is currently generating 145 buses, it can generate about 180 units of wheat. .
b. The cost of 90 further wheat is 90.
c. The approximate per unit cost of an fresh auto is 54.
To determine the approximate quantum of wheat Lanark can produce if it's presently producing 145 buses , we need to find the matching value in the" Wheat" column. Grounded on the given table, we can see that the values in the" buses" column drop from left to right. thus, we need to find the combination where the number of buses is closest to 145, which is combination B. In combination B, Lanark can produce roughly 180 units of wheat.
We can find the cost of 90 further wheat by comparing the wheat values between combinations C and D, If Lanark is presently producing combination C. The wheat value in combination C is 315, and the wheat value in combination D is 405.
The difference between these two values represents the fresh wheat produced when moving from combination C to combination D. In this case, the difference is 405- 315 = 90. thus, the cost of 90 further wheat is the difference between the wheat values in combination C and D, which is 90.
we can determine the approximate per unit cost of an fresh auto by comparing the auto values between combinations D and E, If Lanark is presently producing combination D. The auto value in combination D is 127, and the auto value in combination E is 73.
The difference between these two values represents the drop in auto product when moving from combination D to combination E. In this case, the difference is 127- 73 = 54.
thus, the approximate per unit cost of an fresh auto is the difference between the auto values in combination D and E, divided by the drop in auto product, which is 54/ 1 = 54.
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what link-building strategy do search engines implicitly approve?
Answers
The link building strategies that the search engines are known to have to approve of implicitly would be the
Nofollowthe sponored links attributesWhat is meant by the link building strategies?This is the term that is used to refer to the practice that has to do with the ways that the one way hyperlinks can be built. This is usually done through the use of the website that had to have the goal of helping to get visibility through the use of search engines.
The strategies that are used are the ones that have to do with content writing, the ones that have to do with useful tools and those that have to do with the outreach that is done with the use of mails.
The other ways that this can be done would be through the use of the social media outreach. Hence the links that they would use implicitly would have to do with the nofollow links etc.
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why do you think the parents are willing to play such a significate and risky role in there kids admission process.
Answers
Answer:
The answer is simple... They want their child to succeed. And if that means paying thousands upon thousands of dollars for their child to go to their dream college to pursue their career, than they are willing to do it.
I also think that in some ways, parents live through their child. By that, I mean providing their kid with the life they themselves never had.
Explanation:
Most insurance policies set an amount of money that a person has to pay
before the insurance company will cover any further costs. This money is
called the
A. deductible
B. liability
O C. premium
O D. title
Answers
The amount that a person has to pay before their insurance company then covers further costs is called an A. Deductible.
What is an insurance deductible?On an annual basis, an insurance company sets an amount that a person who is covered has to pay before they access their medical insurance payout.
This amount varies per individual and per policy but is generally higher for more risky clients.
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a cellular phone is a phone that is cellular" How might you explain to the speaker the problem with this assertion?
Answers
The accumulation of years of spending more money than is collected in revenues over several years creates a budget
O debt
O deficit
Osurplus
Oreversal
Answers
Answer:
deficit
Explanation:
Indeed, when a government accumulates years of spending more money than is collected in revenues a deficit budget is created as result.
For example, the United States is estimated to have a national debt of about 27 trillion dollars; meaning it has incurred expenses worth more than the total revenues gotten in the country for years. In other to prevent or go out from a deficit budget, more revenue-generating sources needs to be created in the economy so the country can operate a balanced budget.
Answer:
B
Explanation:
Deficit
Accounting and subsequently violates the covenant not to complete, what equitable remedy is available to big three accounting inc
Answers
Injunction equitable remedy is available to Big Three Accounting, Inc. Thus option D is correct.
What is Accounting?Accounting is the act of documenting a business's monetary operations. All transactions are compiled, examined, and reported to factor in making, regulatory bodies, and tax collection organizations as part of the accounting cycle.
A lawsuit for an injunction is brought to court when someone infringes any contract clause relating to not competing. An equitable relief is where a court directs a party to carry out a certain act or desist from doing so. Therefore, option D is the correct option.
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After passing his CPA exam, Mohammad is hired by Big Three Accounting, Inc. Part of his contract includes a covenant not to compete. If, after working for three years, Mohammad retires from Big Three Accounting and subsequently violates the covenant not to compete, what equitable remedy is available to Big Three Accounting, Inc.?
a. Rescission O b. Specific Performance O c. Reformation O d. Injunction
In 2014, there were about 7 billion cell phone subscribers in the world. During the next 5 years, the number of cell phone subscribers increased by about 3% each year.
Answers
There were approximately 8.17 billion cell phone subscribers in the world in 2019
To calculate the number of cell phone subscribers in the world in 2019, we need to find the total increase in the number of subscribers over the five-year period, and add it to the initial number of subscribers in 2014.
First, let's calculate the increase in the number of subscribers each year:
Year 1: 7 billion x 0.03 = 210 million
Year 2: (7 billion + 210 million) x 0.03 = 221.7 million
Year 3: (7 billion + 210 million + 221.7 million) x 0.03 = 233.51 million
Year 4: (7 billion + 210 million + 221.7 million + 233.51 million) x 0.03 = 245.85 million
Year 5: (7 billion + 210 million + 221.7 million + 233.51 million + 245.85 million) x 0.03 = 258.76 million
Now we can add up the total increase over the five-year period:
210 million + 221.7 million + 233.51 million + 245.85 million + 258.76 million = 1.16982 billion
Finally, we can add this total to the initial number of subscribers in 2014:
7 billion + 1.16982 billion = 8.16982 billion
Therefore, there were approximately 8.17 billion cell phone subscribers in the world in 2019
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Full Question: "In 2014, there were about 7 billion cell phone subscribers in the world. During the next 5 years, the number of cell phone subscribers increased by about 3% each year. How many cell phone subscribers were there in the world in 2019?"
In order to compare and evaluate choices, there must be a set of ______.
A. Resources
B. Decisions
C. Consequences
D. None of the above
Answers
Answer:
answer is a
Explanation:
A. Resources
An unfavorable materials quantity variance indicates that: Multiple Choice actual usage of material exceeds the standard material allowed for output. actual material price is less than the standard price. actual material price exceeds standard price. actual usage of materials is less than the standard material allowed for output.
Answers
Answer:
actual usage of material exceeds the standard material allowed for output.
Explanation:
Material quantity variance is defined as a difference between the actual amount of materials used for production and what was expected to be used.
It is a measure of production efficiency of a business. When more quantity above the standard amount is used it indicates the system is inefficient and vice versa.
Unfavourable material variance can be caused by low quality of material, damage while transporting, damage during production, poor training of employees, and incorrect material standard.
What did one expert advise employers about online video resumés? O A They are a must-have recruiting tool today. OB Make sure they are professionally recorded. O C. Specify time and cost limits. OD Never require them. O E Be prepared for poor production quality.
Answers
Answer:
D) Never require them
Explanation:
An expert advice that the employers gave about the online video resumes was they never require them.
Option D is correct.
Who is an employer?An employer is an individual who hires the employee in his/her company or organization. He/she hired the candidate as per his/her skills and competencies in reference to the job profile required.
The resume is the document that specifies the details relating to the candidate. The details can be personal information, educational qualifications, work experiences, etc.The resume can be in a printed form or an electronic form, that is, in the form of a file or folder in an electronic device. The employer should always prefer a printed resume while taking an interview. The resume helped the employer to know about the interviewed candidate in complete manner. It will helping him to keep or reject the candidate on the job.Therefore, the explanation written in options A to C are incorrect and only option D is correct.
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The variety of demand curves
Answers
The statements related to the Demand curves are classified as follows:
Between points V and Y, curve RR is inelastic. FALSECurve RR is Less elastic between points V and Y than curve QQ is between points V and X. FALSE. The slope of the cuve is the same all throught.Between points V and Z, curve SS is perfectly elastic. FALSE. Rather, it is perfectly inelastic.What does it mean when a demand curve is perfectly inelastic?
A fully inelastic good is one in which demand does not fluctuate independently of price; however, no such commodity or service exists.
Inelastic contrasts with elastic, which experiences considerable variations in demand when the price changes.
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Meetings are a good place to decide what business to discuss.
Please select the best answer from the choices provided
OT
OF
Answers
It is a true statement that meetings are a good place to decide what business to discuss.
Why are meetings good place to decide what business to discuss?When teams plan to discuss ideas, share information or offer solutions to workplace challenges, they might schedule meetings to review these items. This provides coworkers with a collaborative space to freely express opinions and update each other on current tasks.
When conducting a meeting, consider sending an agenda and informing employees of the meeting's topic beforehand to ensure it's productive and engaging. Hence, it is true that meetings are a good place to decide what business to discuss. because it means that you can discuss whatever you want with team since everyone has gathered.
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PE and Terminal Stock Price [LO2] In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next five years or so, then find the "terminal" stock price using a benchmark PE ratio. Suppose a company just paid a dividend of $1.15. The dividends are expected to grow at 20 percent over the next five years. In five years, the estimated payout ratio is 40 percent and the benchmark PE ratio is 21. What is the target stock price in five years? What is the stock price today assuming a required return of 12 percent on this stock?
Answers
Answer:
$150.15
$92.31
Explanation:
Target stock price in year 5 = Earnings per share in year 5 x benchmark PE ratio
Earnings per share in year 5 = dividends per share in year 5/ pay-out ratio
Dividend in year 1 = $1.15 x 1.20 = $1.38
Dividend in year 2 = $ 1.15 x 1.20^2 = $1.66
Dividend in year 3 = $1.15 x 1.20^3 = $1.99
Dividend in year 4 = $1.15 x 1.20^4 = $2.38
Dividend in year 5 = $1.15 x 1.20^5 = $2.86
$2.86 / 0.4 = $7.15
$7.15 x 21 = $150.15
b. the stock price today can be found by finding the present value of the dividends
Present value can be found using a financial calculator
Earnings per share in year 5 = dividends per share in year 5/ pay-out ratio
Dividend in year 1 = $1.15 x 1.20 = $1.38
Dividend in year 2 = $ 1.15 x 1.20^2 = $1.66
Dividend in year 3 = $1.15 x 1.20^3 = $1.99
Dividend in year 4 = $1.15 x 1.20^4 = $2.38
Dividend in year 5 = $1.15 x 1.20^5 = $2.86
Stock price in year 5 = $150.15
i = 12%
Stock price (present value) = $92.31
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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ations and worksheets 1. Let us assume Admas University is opening a new branch around Kara Kore. The University decided to rent a building at a cost of 320,000 birr per month and also the cost of the staff is 3250 birr per student for one semester. Further assume that the student will have to pay 9850 birr per semester. (Note that a single semester have six month) a) Find the total cost and total revenue function for department of University b) Find the equilibrium student, total revenue and total cost? c) What will be the profit or loss if the number of students reaches 55? d) Draw the graph of the equilibrium? e) By assuming that you are the University staff, what do you decide if the number of the students is 45?
Answers
The overall cost function is 320,000 + 3250n (C). The total revenue function R = 9850n would result in a loss for the school if there were 45 enrolled students because the total income is less than the total expense.
What does the productivity guideline of 70% entail?In order to promote productivity, engagement, and work-life balance, employees are advised to withhold a significant percentage of their working capacity according to the 70 percent rule, a time management principle. Italian economist and sociologist Vilferdo Pareto is credited with creating this idea.
320,000 + 3250n = 9850n
Solving for n, we get:
n = 52
Substituting n = 52 into either the total cost or total revenue function, we get:
Total cost = C = 320,000 + 3250(52) = 499,000
Total revenue = R = 9850(52) = 511,400
C = 320,000 + 3250(55) = 507,750
And the total revenue would be:
R = 9850(55) = 541,750
Profit or loss would be:
Profit = Total revenue - Total cost = 541,750 - 507,750 = 34,000
C = 320,000 + 3250(45) = 457,250
And the total revenue would be:
R = 9850(45) = 443,250
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Which of the following is the last section on most job applications?
Answers
After you get the new oil filter from stock, what do you do with it?
Select the correct answer and click Submit.
Place the oil filter at the front of the service bay with the gasket up.
Place the new oil filter on the oil drain pan.
Install the oil filter on the vehicle.
Place the oil filter at the front of the service bay with the gasket down.
Submit
Answers
After you get the new oil filter from stock C. Install the oil filter on the vehicle.
How to use the oil filter ?Upon retrieving the new filter from storage, proceed with the task of replacing the current oil filter. Before installation of the fresh filter, eliminate the previous one and thoroughly cleanse the adjacent region.
Follow this with a careful inspection to verify that the substitution has been properly executed. Afterward, append unused oil to activate smooth engine operation.
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Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
Answers
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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________is the interest that the bank pays you on the principal plus on the_________ that you earned the preceding year.
Answers
Answer:
Compound interest; interest.
Explanation:
Compound interest can be defined as the interest that the bank pays you on the principal plus on the interest that you earned the preceding year. Thus, it is simply calculated by adding an interest to the initial principal i.e compounding the interest rather than withdrawal.
Mathematically, compound interest is given by the formula;
\( A = P(1 + \frac{r}{n})^{nt}\)
Where;
A is the future value.
P is the principal or starting amount.
r is annual interest rate.
n is the number of times the interest is compounded in a year.
t is the number of years for the compound interest.
Answer:
its compound interest and interest
When people refer to jobs in the public sector they are referring to jobs with:
O A. The federal government
B. A local business
OC. A large corporation
D. A franchise
Answers
What is a bushiness opportunity?
Answers
Answer: You said it yourself, an opportunity.
Explanation:
A business opportunity is often used to describe a way for a business to make more money. It can also mean many other things such as hiring more employees, creating more roles, partnering with another company, etcetera.
But mainly used to make more money.explain fayols 14 principle of management in any organization
Answers
Answer:
The fourteen principles of management created by Henri Fayol are explained below.
Division of Work- ...
Authority and Responsibility- ...
Discipline- ...
Unity of Command- ...
Unity of Direction- ...
Subordination of Individual Interest- ...
Remuneration- ...
Centralization-
Li-Un Outfitters is a retail business using the periodic inventory system and marks her goods up y 80% on cost. The financial year ends on 28 February 2021. quired: Prepare the following accounts in the General Ledger properly balanced/closed off. Where necessary show calculations in brackets to earn part marks Purchases Account Trading Account 2. Calculate the cost of sales 3. Calculate the percentage mark-up achieved on cost 4. How does the real profit on cost price compare to the mark-up of 80% that the company uses to mark their goods up. What could be the possible reasons for this and should they be concerned? Information The information below was extracted from the accounting records on 28 February 2021. Inventory (1 March 2020) Sales Purchases Carriage on purchases Carriage on sales Debtors Allowances No entries were made for the following transactions: Goods returned to creditors R17 380 at the end of the accounting period were not recorded. The goods were returned before the stock account took place ● ● • 82 800 504 840 280 240 6 160 1 025 15 420 ● The owner took inventory for her own use on 26 February at cost price R1 340 before the stock count took place An invoice for stock purchased on credit on 26 February 2021 from Thembe Wholesalers was not recorded. The invoice reflected the cost price of R3460 and the delivery charge of R350 The physical stock count on 28 February 2021 was R76 900 A debtor returned goods with a selling price of R576 which he did not order. The goods were placed back in stock.
Answers
The cost of sales is R275 920.
The percentage mark-up achieved on cost is 79.6%.
How to explain the detailsCost of Goods Sold can be calculated by specifying the following measures: Opening Inventory of R82 800, Purchases of R280 240, Carriage on Purchases of R6 160, Good Returned to Creditors of R17 380 as well as Closing Inventory of R76 900. Upon evaluation of these values, COGS totals R275 920. This illustrates that the overall cost of sales is R275 920.
Consequently, Gross Profit, which is the difference between Cost of Goods Sold (R275 920) and Net Sales (R219 465), produces a percentage mark-up of 79.6%. Therefore, the mark-up achieved on cost amounts to 79.6%.
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how to be good at accountant
Answers
Answer:
Know how to count and be very precise in mathematics.
Explanation:
Must know who's to do the job well, before even taking it
Hope this helps!!
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A municipal power plant uses natural gas from an existing pipeline at an annual cost of $10,000 per year. A new pipeline would initially cost $35,000, but it would reduce the annual cost to $4000 per year. Assume an analysis period of 20 years and no salvage value for either pipeline. The interest rate is 7%. Using the equivalent uniform annual cost (EUAC), should the new pipeline be built
Answers
Answer: EUAC of new pipeline of $7,303.75 is less than the $10,000 of old pipeline so new pipeline should be built.
Explanation:
Equivalent Uniform Annual cost can be calculated as:
= Reduction in annual cost + (Initial Cost/ Present value interest factor of annuity, 7%, 20 years)
= 4,000 + (35,000 / 10.5940)
= 4,000 + 3,303.75
= $7,303.75
